IA Clarington launches two funds

IA Clarington Investments Inc. has launched two new mandates, the IA Clarington Floating Rate Income Fund and the IA Clarington Strategic U.S. Growth & Income Fund.

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The IA Clarington Floating Rate Income Fund is managed by Jeff Sujitno, vice president and portfolio manager at IA Clarington.

The IA Clarington Strategic U.S. Growth & Income Fund is managed by Dan Bastasic, senior vice president, investments at IA Clarington. It will invest in U.S. equities and fixed income, emphasizing a monthly income stream.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.